Electro Force IPO Subscription Details

Fixed Price IPO | ₹81 Cr | Listed at NSE SME | Tue, Dec 19, 2023 - Thu, Dec 21, 2023

Basis of Allotment - Electro Force IPO

Details NII Retail Total
Allocation (No. of shares)41,19,60041,19,60082,39,200
Allotment price (Rs.)939393
No.of applications1,14521,74522,890
No.of shares applied85,83,6002,60,94,0003,46,77,600
Amount collected (Rs.cr.)79.83 242.67 322.50
No.of times subscribed2.086.334.21
No.of shares allotted20,38,80062,00,40082,39,200
Amount (Rs.cr.)18.96 57.66 76.62
No.of allottees6795,1675,846

IPO Shares Offered

Electro Force IPO is a public issue of 0.82 Cr equity shares. The issue offers 0.41 Cr shares to retail investors , 0.41 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker4,35,6004.05 5.02%
Other* 41,19,60038.31 47.49%
Retail41,19,60038.31 47.49%
Total86,74,80080.68 100%

IPO Subscription FAQs

The Electro Force IPO is subscribed 4.28 times by Dec 21, 2023 19:29.

Electro Force IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.12
Retail Individual6.44
Total Subscription4.28

Retail category of Electro Force IPO subscribed 6.44 times as of date Dec 21, 2023 19:29. The public issue closes on Thu, Dec 21, 2023 for bidding.

An investor can apply in Electro Force IPO online via bank (using ASBA) or the broker (using UPI). The Electro Force IPO shares are offered online only.

The Electro Force IPO is subscribed 4.28 times by Dec 21, 2023 19:29.

The Electro Force IPO allotment status is expected on or around Friday, December 22, 2023. Visit Electro Force IPO allotment status to check.

The Electro Force IPO listing date is December 27, 2023. The equity share of Electro Force IPO will list on NSE SME.

Visit Electro Force IPO subscription status page for real-time bidding information about Electro Force IPO.

Electro Force IPO Timetable

IPO opens OnTuesday, December 19, 2023
IPO Closes OnThursday, December 21, 2023
Finalisation of Basis of AllotmentFriday, December 22, 2023
Initiation of RefundsTuesday, December 26, 2023
Credit of Shares to Demat AccountTuesday, December 26, 2023
IPO Listing DateWednesday, December 27, 2023
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